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Marital asset waste, the careless or deliberate depletion of shared resources, can lead to significant financial strain in a marriage. Recognizing the signs of asset waste helps to protect the financial well-being of both spouses. During your divorce, look for the...
Even with the divorce rate in Texas as low as 1.4 per 1,000 people, according to the Centers for Disease Control and Prevention, it may be time for you to consider divorce. The decision to end a marriage is one of the most challenging choices anyone can face. The...
In many divorce cases, children become the primary reason for disputes between the parents. Whether it is because one parent wants to spend more time with their children or about child support, children can suffer collateral damage from the divorce. Parental...
If you have a high net worth, it is particularly important to understand how getting a divorce could affect your taxes. Various tax-related issues associated with ending your marriage might require careful consideration, and it is essential for you to review the...
Although marital agreements protect the assets of couples if they divorce, they may also address other important issues. While the agreements typically protect financial holdings and valuable property, they could also cover the subject of debts. If you and your spouse...
Parents who fall behind on child support should understand the potential consequences that they could face, whether they worry about their driving privileges or their financial accounts. In fact, back child support can result in time behind bars and other...
Whether you are currently preparing for the divorce process or want to change your child support order after making payments for years, it is vital to understand different factors that could affect how much you owe. Courts go over the income of each party, but it is...
Going through a divorce in Texas is not easy. It can seem like you are navigating through a maze, with many decisions to make and concepts to understand. An important concept to grasp is the difference between spousal support and spousal maintenance. While the two...
According to the CDC, the divorce rate in Texas is going down, with about 1.4 people per thousand in 2021 compared with 5.5 people per thousand in 1990. However, with a current population of nearly 30 million, that impacts quite a few people. A high-asset divorce in...
When facing a divorce, many difficult decisions emerge that require careful consideration, such as deciding what to do with the family home. For many, the home is more than just a structure; it represents a collection of memories, a sense of security and a familiar...
